21, MEAD LANE, THURLESTONE, KINGSBRIDGE, TQ7 3PB - £1,025,000

Based on the April 2024 Price Paid Data (released on 30 May 2024), the March 2024 House Price Index (released on 22 May 2024), and the April 2024 Energy Performance of Buildings Data (released on 21 May 2024). Sources

21 MEAD LANE is a midsized detached house of 161m², built sometime between 1976 and 1982. It was last sold for £1,025,000 in September 2022, which was around 70% above the average September 2022 detached price in the South Hams local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

21 MEAD LANE Sold Prices

Land registry data shows two sales for 21 MEAD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two 21 MEAD LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 23 SEP	£1,025,000	£601,366	70% above HPI
1997 4 AUG	£175,000	£111,096	58% above HPI

21 MEAD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two 21 MEAD LANE sales from August 1997 and September 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 1997 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the September 2022 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is 21 MEAD LANE?

21 MEAD LANE is 161m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses in Thurlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Thurlestone, and where 21 MEAD LANE lies on this distribution: 45% of detached houses are smaller than 21 MEAD LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Thurlestone.

21 MEAD LANE: Plot and Title Map

21 MEAD LANE sits on a plot of roughly 0.251 of an acre, or 1,015m². The below map shows the location of 21 MEAD LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 21 MEAD LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 21 MEAD LANE?

21 MEAD LANE is located in THURLESTONE, in the TQ7 postcode district. The below map shows the position of No. 21 on MEAD LANE.